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v3.20.2

Segments (Tables) | 9 Months Ended
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Sep. 30, 2020
Segment Reporting [Abstract] |
Schedule of Information by Reportable Segment | The following table shows information by reportable segment for the three and nine months ended September 30, 2020 and 2019:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Net Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 150.7 |  |  | $ | 251.0 |  |  | $ | 456.5 |  |  | $ | 721.7 |
EURAF |  |  | 154.7 |  |  |  | 139.2 |  |  |  | 413.1 |  |  |  | 476.0 |
MEAP |  |  | 50.2 |  |  |  | 57.8 |  |  |  | 143.5 |  |  |  | 173.0 |
Total |  | $ | 355.6 |  |  | $ | 448.0 |  |  | $ | 1,013.1 |  |  | $ | 1,370.7 |
Segment Operating Income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 7.5 |  |  | $ | 34.5 |  |  | $ | 21.4 |  |  | $ | 85.4 |
EURAF |  |  | 7.3 |  |  |  | 1.9 |  |  |  | 2.5 |  |  |  | 7.0 |
MEAP |  |  | 7.8 |  |  |  | 5.9 |  |  |  | 20.7 |  |  |  | 18.3 |
Total |  | $ | 22.6 |  |  | $ | 42.3 |  |  | $ | 44.6 |  |  | $ | 110.7 |
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 3.8 |  |  | $ | 3.7 |  |  | $ | 11.8 |  |  | $ | 10.8 |
EURAF |  |  | 4.1 |  |  |  | 3.9 |  |  |  | 11.8 |  |  |  | 11.3 |
MEAP |  |  | 0.5 |  |  |  | 0.5 |  |  |  | 1.5 |  |  |  | 1.9 |
Corporate |  |  | 0.8 |  |  |  | 0.8 |  |  |  | 2.2 |  |  |  | 2.3 |
Total |  | $ | 9.2 |  |  | $ | 8.9 |  |  | $ | 27.3 |  |  | $ | 26.3 |
Capital Expenditures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 0.9 |  |  | $ | 5.3 |  |  | $ | 2.4 |  |  | $ | 11.3 |
EURAF |  |  | 5.6 |  |  |  | 6.2 |  |  |  | 12.0 |  |  |  | 8.6 |
MEAP |  |  | 0.8 |  |  |  | 1.2 |  |  |  | 0.9 |  |  |  | 2.5 |
Corporate |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  | $ | 7.3 |  |  | $ | 12.7 |  |  | $ | 15.3 |  |  | $ | 22.4 |
Schedule of Reconciliation of the Company's Segment Operating Income | A reconciliation of the Company’s segment operating income to operating income in the Condensed Consolidated Statement of Operations for the three and nine months ended September 30, 2020 and 2019 are summarized as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Segment operating income |  | $ | 22.6 |  |  | $ | 42.3 |  |  | $ | 44.6 |  |  | $ | 110.7 |
Unallocated corporate expenses |  |  | (7.2 | ) |  |  | (9.8 | ) |  |  | (25.1 | ) |  |  | (20.0 | )
Unallocated restructuring expense |  |  | (3.7 | ) |  |  | — |  |  |  | (3.7 | ) |  |  | (0.1 | )
Total operating income (loss) |  | $ | 11.7 |  |  | $ | 32.5 |  |  | $ | 15.8 |  |  | $ | 90.6 |
Schedule of Net Sales by Geographic Area | Net sales by geographic area for the three and nine months ended September 30, 2020 and 2019 are summarized as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
United States |  | $ | 135.2 |  |  | $ | 226.6 |  |  | $ | 411.4 |  |  | $ | 644.3 |
Europe |  |  | 150.8 |  |  |  | 134.8 |  |  |  | 403.8 |  |  |  | 458.0 |
Other |  |  | 69.6 |  |  |  | 86.6 |  |  |  | 197.9 |  |  |  | 268.4 |
Total net sales |  | $ | 355.6 |  |  | $ | 448.0 |  |  | $ | 1,013.1 |  |  | $ | 1,370.7 |
Schedule of Net Sales By Product | Net sales by product for the three and nine months ended September 30, 2020 and 2019 are summarized as follows:
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Cranes |  | $ | 275.4 |  |  | $ | 365.4 |  |  | $ | 783.5 |  |  | $ | 1,116.9 |
Aftermarket parts and other* |  |  | 80.2 |  |  |  | 82.6 |  |  |  | 229.6 |  |  |  | 253.8 |
Total net sales |  | $ | 355.6 |  |  | $ | 448.0 |  |  | $ | 1,013.1 |  |  | $ | 1,370.7 |
*Other revenue consists of revenue related to CraneCare services such as training and field service work.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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